Perkins Coie has enhanced its London Interbank Offered Rate (LIBOR) transition task force to better help financial sector clients and other market participants manage the expected phaseout of the global banking interest rate at the end of 2021.

Perkins Coie is pleased to announce that Linc Finkenberg has joined the firm’s Financial Transactions practice and Fintech industry group as a partner in the New York office.

Perkins Coie represented Hark Capital in the final close of its second fund, Hark II, with $203 million of commitments.

Perkins Coie is proud to announce that 281 of its attorneys were selected by their peers for inclusion in the 2018 edition of The Best Lawyers In America®.

Perkins Coie LLP represented AIPA Properties, LLC in securing a $165 million loan from Allegiant Real Estate Capital, a commercial real estate lender and debt investor, for the mortgage on a 912,000-square-foot mixed-use office / warehouse complex in Honolulu, Hawaii.

Daniel G. M. Marre, firmwide co-chair of Perkins Coie’s Hotels & Leisure industry group, has been elected a 2017 Fellow of the American College of Real Estate Lawyers (ACREL). One of 41 fellows elected this year, Daniel joins four other Perkins Coie attorneys who are members of ACREL: Alexandra Cole, Mindy Wolin Sherman, Michael Barrett and Steven Pfeiffer.

Perkins Coie served as bond counsel to the Illinois Finance Authority for an additional $130 million tranche of tax-exempt bonds issued to finance further expansion and improvement of the Joliet, Illinois Intermodal Park being developed by CenterPoint Properties Trust, a leader in the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency.

Perkins Coie is proud to announce that 27 of its attorneys have been named 2016 Lawyers of the Year by Best Lawyers®, the oldest and most respected peer-review publication in the legal profession.

Perkins Coie is proud to announce that 252 of its attorneys were selected by their peers for inclusion in the 2017 edition of The Best Lawyers In America®, the oldest and most respected peer-review publication in the legal profession.

Perkins Coie served as general counsel to Community Reinvestment Fund, USA, a national non-profit community development financial institution and a leader in bringing capital to underserved areas, in the development of Detroit Home Mortgage, an innovative new program introduced today to make Detroit home buying easier.

Perkins Coie served as bond counsel to the Illinois Finance Authority for an additional $100 million tranche of tax-exempt bonds issued to finance further expansion of the Joliet, Illinois Intermodal Park being developed by CenterPoint Properties Trust, a leader in the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency.

Perkins Coie is proud to announce that 245 of its attorneys were selected by their peers for inclusion in the 2016 edition of The Best Lawyers In America®, the oldest and most respected peer-review publication in the legal profession; a more than 10 percent increase over the 221 firm attorneys recognized by Best Lawyers in the 2015 edition.

Perkins Coie represented a joint venture managed by Strategic Hotels & Resorts, Inc. in the closing of a $225 million limited recourse loan secured by the JW Marriott Essex House Hotel in New York City.

Perkins Coie closed a $200 million US Treasury guaranteed bond issue on September 25, 2014 for the Community Reinvestment Fund, Inc. (CRF), a Minneapolis-based non-profit that improves the lives of disadvantaged people and strengthens distressed communities through innovative financing.

Perkins Coie represented client Strategic Hotels & Resorts, Inc. in the closing of a $115 million limited recourse loan secured by the Miami InterContinental Hotel replacing the $85 million financing previously encumbering the property.

Perkins Coie closed a $125 million US Treasury guaranteed bond issue on August 7, 2014 for the Community Reinvestment Fund, Inc. (CRF), a Minneapolis-based non-profit that improves the lives of disadvantaged people and strengthens distressed communities through innovative financing, and Community Development Trust, the country’s only private real estate investment trust with a public purpose. 

Perkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in the closing of a $120 million limited recourse loan secured by the Four Seasons Washington, DC Hotel replacing the $130 million financing previously encumbering the property.

Perkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE: BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in its purchase of the remaining 63.6 percent ownership interest in the Hotel del Coronado from The Blackstone Group, L.P., one of the world’s leading investment and advisory firms, for $210 million in cash.

Perkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in the closing of a $120 million limited recourse loan secured by the Loews Santa Monica Beach Hotel replacing the $110 million financing previously encumbering the property.

Perkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in a $300 million stock secured credit facility with an accordion feature allowing for additional borrowing capacity up to $400 million.